GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ARC Resources Ltd (OTCPK:AETUF) » Definitions » Cyclically Adjusted Revenue per Share

ARC Resources (ARC Resources) Cyclically Adjusted Revenue per Share : $5.28 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is ARC Resources Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

ARC Resources's adjusted revenue per share for the three months ended in Dec. 2023 was $1.912. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $5.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ARC Resources's average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of ARC Resources was 14.50% per year. The lowest was -3.60% per year. And the median was -0.70% per year.

As of today (2024-04-28), ARC Resources's current stock price is $18.85. ARC Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.28. ARC Resources's Cyclically Adjusted PS Ratio of today is 3.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ARC Resources was 6.02. The lowest was 0.65. And the median was 3.06.


ARC Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ARC Resources's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ARC Resources Cyclically Adjusted Revenue per Share Chart

ARC Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 3.67 4.05 4.69 5.28

ARC Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.69 4.86 5.08 5.06 5.28

Competitive Comparison of ARC Resources's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, ARC Resources's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ARC Resources's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ARC Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ARC Resources's Cyclically Adjusted PS Ratio falls into.



ARC Resources Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, ARC Resources's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.912/125.4675*125.4675
=1.912

Current CPI (Dec. 2023) = 125.4675.

ARC Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.575 98.604 2.004
201406 1.654 99.473 2.086
201409 1.530 99.394 1.931
201412 1.234 98.367 1.574
201503 0.729 99.789 0.917
201506 0.764 100.500 0.954
201509 0.615 100.421 0.768
201512 0.603 99.947 0.757
201603 0.501 101.054 0.622
201606 0.520 102.002 0.640
201609 0.575 101.765 0.709
201612 0.704 101.449 0.871
201703 0.706 102.634 0.863
201706 0.690 103.029 0.840
201709 0.673 103.345 0.817
201712 0.779 103.345 0.946
201803 0.809 105.004 0.967
201806 0.803 105.557 0.954
201809 0.934 105.636 1.109
201812 0.697 105.399 0.830
201903 0.737 106.979 0.864
201906 0.650 107.690 0.757
201909 0.625 107.611 0.729
201912 0.726 107.769 0.845
202003 0.575 107.927 0.668
202006 0.461 108.401 0.534
202009 0.643 108.164 0.746
202012 0.813 108.559 0.940
202103 1.222 110.298 1.390
202106 1.501 111.720 1.686
202109 1.847 112.905 2.053
202112 2.163 113.774 2.385
202203 2.567 117.646 2.738
202206 3.123 120.806 3.244
202209 2.771 120.648 2.882
202212 2.899 120.964 3.007
202303 2.238 122.702 2.288
202306 1.656 124.203 1.673
202309 1.891 125.230 1.895
202312 1.912 125.468 1.912

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


ARC Resources  (OTCPK:AETUF) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

ARC Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.85/5.28
=3.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ARC Resources was 6.02. The lowest was 0.65. And the median was 3.06.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


ARC Resources Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of ARC Resources's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ARC Resources (ARC Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ARC Resources Ltd (OTCPK:AETUF) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
308 - 4th Avenue South West, Suite 1200, Calgary, AB, CAN, T2P 0H7
ARC Resources Ltd is an independent energy company engaged in the acquisition, exploration, development, and production of conventional oil and natural gas in Western Canada. The company produces light, medium, and heavy crude, condensate, natural gas liquids, and natural gas.

ARC Resources (ARC Resources) Headlines

From GuruFocus

Profits from the Gas Plunge

By Roger Conrad Roger Conrad 02-08-2012

Insiders Are Buying ARC Resources

By Markus Aarnio Markus Aarnio 09-27-2013